Bloomberg Daybreak: Europe 06/26/2025
Bloomberg Daybreak Europe is your essential morning viewing to stay ahead. Live from London, we set the agenda for your day, catching you up with overnight markets news from the US and Asia. And we'll tell you what matters for investors in Europe, giving you insight before trading begins. Today's guests: Eléonore Crespo, Pigment, Co-Founder & Co-CEO (Source: Bloomberg)
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
13 minutes ago
- Yahoo
Netflix Stock (NFLX) Maintains Bullish Tempo Despite Nosebleed Valuation
Netflix (NFLX) stock has been trading above the 50-week moving average in price for about a year and a half, but that can't deter the market. Investors recognize that this is one of the most durable stocks, driven by an addictive flywheel of growth in recurring revenue. As TipRanks data shows, NFLX has consistently grown paid memberships since 2020—a remarkable feat, considering the global competition it faces. Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter This is a company that has evolved from a DVD rental disruptor into a global streaming leader, now backed by financials driven by ad-tier growth, an AI-powered studio, and a powerful live content strategy. The only element that's not to love is the valuation, but sometimes the best investments thrive despite that predicament, so I'm staying bullish on NFLX stock. Netflix has established itself as a truly global enterprise, now available in over 190 countries. It continues to demonstrate strong user engagement, holding a 7.5% share of U.S. television viewership. Its pricing strength is evident in its average revenue per user of $17.20 per month in North America and Canada. While the company faces competitive pressures from short-form video platforms such as TikTok and YouTube, as well as saturation in mature markets, these challenges are consistent with the realities of being a market leader. In any thriving sector, competitors will inevitably seek to gain ground, but well-established organizations like Netflix have consistently demonstrated resilience and adaptability in maintaining their leadership positions. Netflix's growth performance remains impressive. For example, its forward diluted earnings per share are projected to grow by 37%, significantly outpacing the sector average of 10%. Although this is reflected in its forward non-GAAP price-to-earnings ratio of 49—versus 13 for the sector—this valuation appears proportionate when considering the company's earnings growth rate, which is 3.7 times higher than the sector's, effectively aligning with its relative valuation multiple. Financially, Netflix is on solid footing. The company has reduced its net debt to approximately $7.9 billion, highlighting the success of its self-sustaining content investment strategy. With expected free cash flow of around $8 billion in fiscal year 2025, management has been able to allocate substantial resources to shareholder returns, including $3.5 billion in share repurchases as of Q1. These achievements are underpinned by a global subscriber base approaching 300 million. Recent growth initiatives, including password-sharing controls and the introduction of an ad-supported tier, have contributed meaningfully to this momentum. Netflix's ad-supported tier has experienced rapid uptake, now reaching approximately 94 million users. Ad revenue is projected to double in fiscal year 2025, reflecting the success of this segment. To further optimize monetization and support shareholder returns, Netflix has developed a proprietary ad-tech platform designed to improve targeting and increase revenue per user. These developments are part of a broader, well-integrated ecosystem that enables both revenue growth and margin expansion. In essence, Netflix has developed a business model that generates long-term value, thereby reinforcing its attractiveness as an investment opportunity. Under a base-case scenario, Netflix could generate approximately $28 in trailing twelve-month normalized earnings per share by mid-2026. Assuming a modest contraction in its non-GAAP price-to-earnings ratio to 50 (down from the current 59, in line with expected growth normalization), this would imply a stock price of roughly $1,400 in a year. Given today's price of $1,280, that equates to nearly a 10% upside potential. While this return is respectable, it may not meet the threshold for more aggressive investors seeking 20–30% annualized gains. The company's strong fundamentals and strategic vision explain why its stock has outperformed the S&P 500 (SPX) so far this year. Operationally, Netflix continues to demonstrate forward-thinking leadership. The company is investing in AI to enhance its content development capabilities, with a focus on producing high-margin, lower-budget titles. This includes an emphasis on quality storytelling—such as international productions with subtitles—over costly star-driven projects. In many respects, Netflix embodies the spirit of a lean, innovative startup that has successfully scaled while maintaining its core identity. That consistency is commendable. On Wall Street, Netflix has a consensus Strong Buy rating based on 29 Buys, nine Holds, and zero Sells. However, the average NFLX stock price target is $1,255.76, indicating a 1.5% downside over the next 12 months. Current analyst consensus reinforces my earlier point regarding the stock's premium valuation. However, I believe Netflix still has considerable momentum and over the long term, any significant decline in the stock is unlikely to occur without an external catalyst. Fundamentally, Netflix remains on a solid trajectory. Clearly, this isn't a stock to aggressively accumulate at current levels. It may be prudent to wait for a more attractive valuation. That said, I remain bullish on Netflix's long-term prospects. The company is led by a competent management team and benefits from a strong competitive moat built around a financially disciplined and strategically integrated digital entertainment ecosystem. Like all equities, Netflix will inevitably face periods of pullback, and when that happens, I'm prepared to step in to add to my position at more favorable prices. Disclaimer & DisclosureReport an Issue Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
18 minutes ago
- Yahoo
While Most Redditors Panic-Sell Bitcoin Below $100K, These Investors Are Buying the Blood
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. The cryptocurrency market is experiencing its most dramatic selloff in months, with Bitcoin plummeting below the psychologically critical $100,000 level and Ethereum bleeding from $2,700 to $2,100 in just one week. But behind the panic selling and social media despair, a fascinating divide is emerging between seasoned investors and newcomers—one that could determine who survives this downturn. For crypto investors accustomed to market volatility driven by regulatory news or institutional adoption, this geopolitical trigger represents something different: a reminder that digital assets, despite their decentralized nature, remain deeply connected to global risk sentiment. Don't Miss: Trade crypto futures on Plus500 with up to $200 in bonuses — no wallets, just price speculation and free paper trading to practice different strategies. Grow your IRA or 401(k) with Crypto – unlock the power of alternative investments including a Crypto IRA within your retirement account. 'The spike in oil prices will hurt the world,' noted one investor, capturing the broader economic implications that extend far beyond crypto portfolios. What's most revealing isn't the price action itself, but how different types of investors are responding. The cryptocurrency community is essentially splitting into two camps, each with dramatically different strategies. The Panic Sellers are experiencing what one investor called being 'beyond exhausted' and 'sad and tired as a crypto investor.' Comments like 'I am never going to financially recover from this' and admissions of being 'down 55%' reveal the emotional toll of this downturn. Many are questioning fundamental assumptions about crypto cycles, with one noting: 'The biggest mistake I made was thinking that Bitcoin runs up first and then alt season happens like in 2021.' The Opportunistic Buyers, however, are taking a completely different approach. 'Buy when there's blood on the streets,' advised one, while another declared: 'F*ck those who are scared, I'm buying more.' These investors are thanking panic sellers for providing 'retail exit liquidity' and planning to 'DCA down' during the chaos. Trending: New to crypto? Get up to $400 in rewards for successfully completing short educational courses and making your first qualifying trade on Coinbase. Perhaps nowhere is the divide more apparent than in attitudes toward alternative cryptocurrencies. The 'altcoin bloodbath' has been particularly brutal, with one investor observing: 'Total 3 Alts chart is literally going straight down parabolic. Guess this is the alt season they've been talking about. Just the wrong way.' This has led to a notable shift in strategy among experienced investors. 'Gave up on Alts years ago. Stack sats and enjoy the ride,' commented one Bitcoin maximalist, while another admitted selling 'most of these sh*tty alts' before the crash. The harsh reality? Many altcoins that seemed promising during the bull run are now revealing their lack of fundamental value during this stress test. Despite the doom and gloom dominating social media, a closer look at investor behavior reveals three key strategies emerging among those who've survived previous crypto winters: 1. Flight to Bitcoin Quality: Experienced investors are consolidating positions in Bitcoin rather than diversifying across numerous altcoins. The philosophy is simple: if you're going to weather a crypto winter, do it with the most established digital asset. 2. Dollar-Cost Averaging Into Chaos: Rather than trying to time the bottom, methodical investors are using systematic buying during the decline. As one put it: 'DCA down today and Monday.' 3. Emotional Detachment: The most successful crypto investors have learned to separate their emotions from their investment decisions. While newcomers express despair, veterans are making calculated moves based on long-term conviction rather than short-term isn't crypto's first rodeo with geopolitical chaos. Digital assets have weathered the COVID pandemic, Russia's invasion of Ukraine, banking sector stress, and multiple regulatory crackdowns. Each time, the same pattern emerges: panic selling creates opportunities for patient capital. What's different this time is the scale of institutional involvement. Unlike previous crypto winters, major corporations, ETFs, and sovereign wealth funds now hold significant Bitcoin positions. This institutional backing provides a different foundation than purely retail-driven markets of the past. Scenario 1: Extended Winter – If geopolitical tensions escalate further, crypto could face months of suppressed prices as risk assets broadly decline. Bitcoin could test lower support levels, potentially reaching the $80,000-$90,000 range that some analysts are predicting. Scenario 2: Quick Recovery – Should tensions de-escalate quickly, crypto's oversold condition could lead to a sharp rebound, similar to previous geopolitical scares that proved temporary. Scenario 3: Selective Survival – The most likely outcome may be a market that separates winners from losers more definitively, with Bitcoin and a handful of altcoins with real utility surviving while weaker projects fade away. This crypto crash is serving as a brutal but necessary stress test. It's separating investors who understand the long-term potential of digital assets from those who were simply riding momentum. For those with strong stomachs and long-term conviction, this period may represent the kind of opportunity that creates 'generational wealth'—though only for investors who can withstand the emotional and financial pressure of watching their portfolios decline in the short term. The key question isn't whether Bitcoin will recover from below $100,000—history suggests it will. The question is whether individual investors have the patience, risk tolerance, and strategic thinking to benefit when it does. As one investor philosophically noted: 'If you're a man, you don't cry about it, you take life, the ups and downs; if you're a real man you never go down, you just stay up!' The crypto market is delivering its harshest lesson yet. Those who learn from it may find themselves significantly wealthier on the other side. Read Next: Peter Thiel turned $1,700 into $5 billion—now accredited investors are eyeing this software company with similar breakout potential. Learn how you can invest with $1,000 at just $0.30/share. This article While Most Redditors Panic-Sell Bitcoin Below $100K, These Investors Are Buying the Blood originally appeared on
Forbes
22 minutes ago
- Forbes
Read One Of These Books On Your Summer Vacation: Become A More Hopeful And Compassionate Leader
Trade out one trashy novel for learning about leadership. Compassionate Leadership is using your head and heart to inspire and influence others, so they can, in turn, inspire and influence others. This approach to leadership has proven to improve ROI, morale, innovation and retention. As a contributor focused on compassionate leadership, I continually scan the media for positive and hopeful stories featuring inspiring leaders. In the current swirl of war, political unrest, violence, and economic uncertainty, it can be difficult to find hope in the news media. Therefore, I have turned to books that focus on solving problems through analysis and innovation, to keep hope alive. I love nonfiction books and years ago, I read a book that spurred me on by Tom Corley, in his book Rich Habits: The Daily Success Habits of Wealthy Individuals (2010), found in his five-year study of 177 self-made millionaires that: I have been striving to read one nonfiction book a month since and I may meet my goal this year, thanks to my efforts to reduce my news consumption. Here are three of the six I have read so far that I highly recommend, for people wanting to become better global citizens and leaders: Book #1 Moral Ambition: Stop Wasting Your Talent and Start Making a Difference By Rutger Bregman (2025): The author is a Dutch Philospher who argues that many bright, capable individuals—especially in fields like finance and consulting, the so-called 'Bermuda Triangle of talent'—are squandering their potential on high‑paying but low‐impact roles. He urges readers to embrace 'moral ambition', a mindset that defines success by societal impact rather than salary or prestige. It may sound boring, but he expertly makes the argument for a new professional path as the answer to many problems using historical references and present-day heroes. He has even created a school to help people transition into careers that make a difference called The School of Morale Ambition, which offers fellowships to professionals ready to work on world problems, such as food scarcity. Book #2: A Different Kind of Power: A Memoir by Jacinda Ardern (2025): Read this raw and raw book, a master class in compassionate leadership. Travel with the author as she tells her life story from her small-town upbringing to global leadership as New Zealand's Prime Minister (2017–2023), all while raising her daughter as the second-ever elected head of government to give birth in office The memoir highlights how empathy and kindness shaped her leadership style and include her experience leading through the worst mass shooting in her country as well as her response to the the COVID‑19 pandemic. It also chronicles the story of what led her to leave public life after dealing with personal and political challenges that left her 'having nothing left in her tank'. For those of you who prefer biographies told through documentary, you can soon watch her story on Apple TV. Book #3:Hidden Potential: The Science of Achieving Greater Things by Adam Grant (2023) In the introduction of his brilliant book, Grant reminds us that 'all talent is equally distributed, but opportunity is not'. I read this book during our government's overzealous DEI reforms, and it gave me hope that we will return to common-sense policies that provide all our citizens with a chance at education and professional equity. He challenges the myth that talent alone determines success. Instead, he argues that growth, character, and opportunity play an even more significant role in realizing our potential. He emphasizes that: The book weaves together stories of unsung achievers, research studies, and insights from psychology and education to demonstrate that the most successful people often started from behind—and achieved success not by raw talent, but by capitalizing on overlooked opportunities. This book reveals how anyone can rise to achieve greater things and offers compassionate leaders a thoughtful roadmap for helping everyone reach their potential. I hope this helps you to escape the grind of the news cycle and find more inspiration through reading. You can find more resources about Compassionate Leadership here.
